Compare Texas electricity rates

The utility company and electric providers perform different roles in the Texas deregulated market. The utility company is responsible for transmitting and delivering electricity, maintaining electrical infrastructure, and restoring power when there is an outage. While consumers can choose their energy provider, they cannot choose their utility. Your utility is based on service address.

Consumers receive their electricity directly from the local utility company in regulated states. But in deregulated areas of Texas, customers can choose the electric provider they like best. The energy provider’s function is to generate electricity and sell it to consumers. Enter your ZIP code above to explore all the available Texas electric companies in your area.

You will find several types of electric rates and plans during your search. Choose Energy offers various buying guides and resources to help you understand the energy industry.. On the Choose Energy marketplace, you can expect to find the following:

Fixed-rate energy plans

Fixed-rate plans offer consumers a contract between 12 and 36 months, depending on the term length. These plans provide stability and predictability for monthly energy bills. The only variables with fixed-rate plans are your energy usage and government fees or taxes. Texas energy companies offer fixed-rate plans to protect customers from the highs and lows in the energy market.

Variable-rate energy plans

The amount you pay each month will fluctuate based on market electricity rates with variable-rate plans. You may pay a lower electricity bill during times of low energy demand. But when demand goes up, your energy rate will increase, too. Variable-rate plans do not require a contract, so you have the flexibility to switch to another energy plan at any time.

Indexed rates

Indexed rates are less common than fixed or variable rates. With an indexed rate, the rate you pay is calculated based on a commodity index for energy. Providers use various formulas to determine the rate you pay in an indexed plan, so carefully read the contract to ensure you fully understand how your rate will be calculated.

No deposit options

When you sign up for an energy plan, you may be required to pay a deposit if you don’t meet a provider’s credit threshold. If paying a deposit is not an option for you or you want to avoid a credit check altogether, Choose Energy can help you find a cheap, no-deposit electricity plan. Our marketplace offers prepaid energy plans that allow you to skip the deposit and pay for your electricity upfront. Enter your ZIP code above and use the filter feature to find no deposit and prepaid options in your area.

Texas green energy plans

Texas is a national leader in renewable energy. The Lone Star State produces the most wind energy in the country and is one of the top producers of solar power. Because of this, finding a green energy plan in Texas is easy. Every Texas energy plan includes some percentage of renewable energy in the mix. Some providers specialize in only offering 100% green energy plans, including Gexa Energy, Green Mountain Energy, and Chariot Energy. Enter your ZIP code above and filter for green energy to find renewable electricity rates in your area.

Commercial energy plans

Texas businesses also have the power to choose their energy provider. Nearly three million businesses in deregulated areas across Texas have taken advantage of affordable electric rates, competitive plans, and renewable, green energy options. Choose Energy can build a custom quote tailored to businesses of all sizes. 

Speak with one of our energy experts about your Texas business energy plan or request a quote fit for your commercial needs. Once we understand your energy needs, we’ll compare business energy plans in your area to help you find the best commercial electricity deal available.

When shopping for electricity in your area, it is important to search for options available in your area. Utility transmission charges can vary based on location. With the Choose Energy marketplace, you can shop for providers, plans, and rates available near you. Enter your ZIP code above to ensure you are exploring the most accurate and up-to-date electricity rates in your area.

Founded in 2008, Choose Energy provides all-inclusive pricing and straightforward, unaffiliated guidance on our marketplace. When you enter your ZIP code above, you can filter for providers, rate types, contract lengths, green energy plans, and more. We’ll help you sort through all of your options to find the best electricity plan for your home or business. Here’s how:

• Enter your ZIP code. The rates you find on our marketplace are all-inclusive and we provide honest and straightforward reviews of the electricity providers on our site to help you select the best electric company for your home or business. 
• Sign up online. Once you decide on a plan, we’ll walk you through the sign up process in a matter of minutes.
• Enjoy your new energy plan. Your new energy provider will take care of the rest without any service interruption for you.

Texas has been America’s energy hub for decades. Known as the country’s largest oil-producing state, it also leads the nation with wind energy generation. As one of the fastest-growing states, it’s no surprise that there is an increasing demand for affordable and reliable energy plans.

If you are moving to Texas, you can keep your energy plan with your current provider if it offers service at your new address. If you are ready for a new provider or your current provider does not operate in your new location, you can switch to a new provider without paying an early termination fee. It’s a good idea to begin shopping for a new energy plan up to 90 days ahead of moving. Select your move-in date when you sign up and your provider will handle the rest.

Most Texas homes have smart meters installed, which means you will not need to schedule a technician visit to begin service. Instead, your new provider will activate your service remotely on the date you select.

Choose Energy works with trusted providers in Texas, including TXU Energy, Direct Energy, and Reliant Energy. Our independent marketplace allows you to compare all-inclusive electricity rates and reliable plans from top energy providers in the market.

See our resource page for Texas movers to learn more about moving your Texas electricity service.

Why does Choose Energy run a credit check?

The providers we work with generally require us to run a soft credit check to see if the required credit threshold is met and whether a deposit is needed. We run a soft credit check — the kind that doesn’t affect your score. In addition, we only run it once. We’ll check your score against all of the providers on our marketplace so you can see the best electricity rates in Texas and find a plan to fit your needs. See our deposits guide for more information about the credit check process. Then, enter your ZIP code to find electricity plans near you.

How do I find the best electricity plan in Texas?

Going through all Texas providers, rates, and plans can be time-consuming. Choose Energy marketplace allows you to select top energy plans and electricity rates in your area. Just enter your ZIP code and filter the options to pick the right energy plan for you. 

Who has the cheapest electricity rates in Texas?

Currently, Frontier Utilities provides the cheapest electricity rates in Texas, starting at 8.3 cents per kWh. Express Energy and Gexa Energy are also competitive with rates as low as 8.4 cents per kWh.

What is a good energy provider in Texas?

There are many electricity providers near you if you reside in Texas. The Choose Energy marketplace can help you sort through them and pick the best provider that suits your home or business. Enter your ZIP code above to find current rates and plans from electricity providers near you.

How quickly can I start service?

If you are signing up for a new plan and have a smart meter installed at your home (most Texans do), you could be able to begin service the same day you sign up for your plan. If you are switching, the process could take five business days.

What should I do if my power goes out?

Your local utility company is in charge of restoring power in the event of a power outage.. If you lose power, you will need to contact your utility, not your provider. To learn more about your utility company, visit our complete list of utility companies.

How much will I be charged for electricity?

Your monthly electric bill is determined by your electricity rate and the amount of energy you consume. When signing up for an energy plan, be sure to pay attention to the rate, the Electricity Facts Label (EFL), and the terms of your contract. It’s also important to know how to read your electricity bill. For a detailed walkthrough, see our guide to reading your bill.

How can I lower my electricity bill in Texas?

The best way to lower your monthly electricity bill in Texas is to pick the most competitive offer. Because the Texas electricity market is mostly deregulated, consumers have many electricity provider options. Check electricity rates in Texas today, find out which company has the best price that meets your electricity usage, and make the switch.